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Billionschem waiting the merger time under nowadays market trend

2014.11.12   11:19

Recently,Billionschem said on aninteractive platform, mergers and acquisitions titanium dioxide businessresources, the company has also been noticed when the time comes will beimplemented. Billions of titanium dioxide capacity of 200,000 tons / year,second in size only Sichuan Lomon Group, among the domestic front.

  BiSheng, director of the National Chemical Industry Productivity Promotion Centerof titanium dioxide Center recently said, "At present, titanium dioxideprices at historic lows, the best time is the industry mergers andacquisitions." Just last month, Titanium Dioxide companies issued abulletin to announce nuclear the price of 62 million yuan to acquire 100% stakein Gansu East, which is building 100,000 t / year of sulfuric acid processtitanium dioxide.


  Billions have ambitions, flourishing brokeragenoted Billions plans to use two to three years to chloride production capacityexpanded to 300,000 tons / year, when the total capacity will reach 500,000tons / year, the scale will exceed Lomon and Ventnor, reached the first, fifthposition worldwide.


 After nearly three years of adjustment, since April this year,benefiting from the recovery in overseas economies, growth in demand fortitanium dioxide, titanium dioxide prices eventually rebound. It is understoodthat about half Billions of titanium dioxide export volume of total sales, theperformance benefit significantly


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